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Barchart

Mark R. Hake, CFA

Oracle Delivers Strong Results and Guidance - ORCL Stock Is Still Cheap

ORCL Oracle Oracle Corp Barchart

Oracle Corp (ORCL) delivered strong revenue, free cash flow, and guidance to analysts on Sept. 9. This was in its fiscal Q1 results for the quarter ending Aug. 31. As a result, ORCL stock still looks cheap here.

ORCL stock closed at $161.38 on Thursday, Sept. 12, up over 2.6% for the day. It's also up another 6.3% after hours at $171.70 today.

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